According to Odaily Planet Daily, Lookonchain monitoring indicates that address 0xa523 has accumulated losses exceeding $40 million in less than a month, surpassing @AguilaTrades, @qwatio, and @JamesWynnReal to become the largest loser on the Hyperliquid platform. The account previously sold 886,287 HYPE tokens at a loss of $39.66 million, which would have yielded a near $9 million profit had it held on. Subsequently, the account lost over $35 million on its long ETH position, switching to a short position and incurring a further $614,000 loss. The account currently holds a $2.33 million loss on its long BTC position.